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Bitcoin Surges to $28,533: New All-Time High

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Wed, 30/12/2020 - 7:38
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Bitcoin Surges to $28,533: New All-Time High
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CoinMarketCap has shown that the king crypto has spiked to another all-time high, reaching $28,533.

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Image via CoinMarketCap

The previous ATH equaled $28,337 three days ago. Bitcoin's market cap now totals an eye-popping $528,410,897,055.85 (a rise by 8.13 percent over the past 24 hours) with the market cap of the Visa giant far behind.

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BTC dominance is 70.17 percent, as per CoinMarketCap. The massive BTC rally this fall and winter has been caused by numerous factors, with financial institutions' hunger for Bitcoin as a safe haven (Grayscale now holds $19 billion worth of Bitcoin and other cryptocurrencies) and the XRP collapse due to the SEC lawsuit among them.

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Image via CoinMarketCap

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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